what if hold tokens in iqoption platform on 2018 january 1st it will be rewarded?
If hold in IQoption you get 3/5% after january move token to new wallet OTN and get again 3/5%
Thanks for info. Just for 100 OTN , 3/5% =?
[/quote]
Topic: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world - page 30. (Read 72157 times)
November 23, 2017, 03:58:17 PM
If hold in IQoption you get 3/5% after january move token to new wallet OTN and get again 3/5%
Thanks for info. Just for 100 OTN , 3/5% =?
[/quote]
November 23, 2017, 02:55:48 PM
what if hold tokens in iqoption platform on 2018 january 1st it will be rewarded?
If hold in IQoption you get 3/5% after january move token to new wallet OTN and get again 3/5%
November 23, 2017, 02:29:23 PM
what if hold tokens in iqoption platform on 2018 january 1st it will be rewarded?
November 23, 2017, 11:11:40 AM
I like the project. Read more and read WP.
November 23, 2017, 02:18:43 PM
Its possible be reward by holding OTN tokens on ERC20 wallet?
On OTN website:
On OTN website:
Quote
16 000 000 tokens
to OTN token holder
as a reward for holding OTN tokens to boost capitalization
to OTN token holder
as a reward for holding OTN tokens to boost capitalization
November 23, 2017, 11:31:50 AM
I like otn idea very much.Whatever people say. The idea of motivating traders is nice. Whatever some tries to blame, lets think even if
there is some risk, but they just provide tokenisation as a motivation for traders. Ofcourse if they try selling large amounts of tokens it will down price large but that is of nobodies interest even otn, but I think they are not involved in speculation now because liquidity is too low. Now it just started the main thing is that otn should succeed on enlargening the emmission and especcially bettween small players and i think they will do. And if there will be some fancy products comming at least 50% as qualitaty as iqoption has then lets prepare for big high. And even if some larger exchange will take otn it will be also nice plus. Even now I would gladlly buy some 10 otn's for 160usd, but it is too busy to get with livecoin, I will wait for otn team to make it easier.
Even if it is ofcourse risk of fail the idea itself to make easy exchange for users is wonderfull and somebody in the world will implement it someday for sure.
Thank you otn for the idea.
there is some risk, but they just provide tokenisation as a motivation for traders. Ofcourse if they try selling large amounts of tokens it will down price large but that is of nobodies interest even otn, but I think they are not involved in speculation now because liquidity is too low. Now it just started the main thing is that otn should succeed on enlargening the emmission and especcially bettween small players and i think they will do. And if there will be some fancy products comming at least 50% as qualitaty as iqoption has then lets prepare for big high. And even if some larger exchange will take otn it will be also nice plus. Even now I would gladlly buy some 10 otn's for 160usd, but it is too busy to get with livecoin, I will wait for otn team to make it easier.
Even if it is ofcourse risk of fail the idea itself to make easy exchange for users is wonderfull and somebody in the world will implement it someday for sure.
Thank you otn for the idea.
November 23, 2017, 11:26:46 AM
jamie
I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
Yup.I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
It's in livecoin and some other exchanges that are known to be shit and scam.
When (if ever) it gets listed in major exchanges then i'll believe it.
I have traded on the Livecoin exchange for a long time and made many trades, and also transferred various coins into and out of the Livecoin exchange. All my transactions were successful. I my opinion Livecoin is a secure and legit exchange.
November 23, 2017, 11:01:58 AM
jamie
I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
Yup.I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
It's in livecoin and some other exchanges that are known to be shit and scam.
When (if ever) it gets listed in major exchanges then i'll believe it.
November 23, 2017, 10:26:56 AM
jamie
I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
November 23, 2017, 10:10:46 AM
And at least not for save Livecoin.....but Livecoin not have really any connection with OTN or IQoption that's for sure, is same other exchange just host this token.
The true are more horrible then you know.....let me some day to explain what i see with my eyes and if someone want believe or not this not my problem just i write the true and story about this project after all can get right way
The true are more horrible then you know.....let me some day to explain what i see with my eyes and if someone want believe or not this not my problem just i write the true and story about this project after all can get right way
November 23, 2017, 10:06:59 AM
jamiedimoncoin you should be watching them the most as you have alot of them from what you say.
LOOK at those 3 webistes (livecoin,otn.and iq) and you dont see similarities??? layout and fonts
In my mind those are done by same ppl so be very carefull
LOOK at those 3 webistes (livecoin,otn.and iq) and you dont see similarities??? layout and fonts
In my mind those are done by same ppl so be very carefull
I cannot say anything now im stuck fro some reason when ready i tell the true about this coin...........now im really sorry i cannot speak, any word you say it's right, i tell now i cannot speak soon in one week i can explain what i investigate about and what i see about this pump and dump.............and more, let me do first save my investiment.
But you right at 99%
November 23, 2017, 09:38:33 AM
You've been telling everyone that these tokens can be sold at livecoin. I have not read anywhere even one person actually getting their money out from there.
Hello Hibe, did you get my PM?
November 23, 2017, 09:22:17 AM
jamiedimoncoin you should be watching them the most as you have alot of them from what you say.
LOOK at those 3 webistes (livecoin,otn.and iq) and you dont see similarities??? layout and fonts
In my mind those are done by same ppl so be very carefull
LOOK at those 3 webistes (livecoin,otn.and iq) and you dont see similarities??? layout and fonts
In my mind those are done by same ppl so be very carefull
November 23, 2017, 09:14:01 AM
Be very carefull with this token !!!!!!
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
We do agree that people should watch a project/coin carefully and use their best judgement when considering any investment.
It's understandable if you're cautious. Our only advice is to wait for the OTN products to come out and speak for themselves.
In the meantime, we will not stand for being called a "ponzi scheme", it's absolutely uncalled for. These accusations are empty.
OTN Foundation is not affiliated with Livecoin in any shape or form. And as to IQ Option being fined for "scamming" - please, don't twist the story. All of those minor violations have been corrected a while ago.
You've been telling everyone that these tokens can be sold at livecoin. I have not read anywhere even one person actually getting their money out from there.
I sell alrelady some token from livecoin to bitcoin then send in my bank account the profit.............after get token from IQoption you can send to livecoin then sell for bitcoin and convert in USD to send again in your bank account with some exchange...........abouit true NOW i cannot say nothing, just funny this word
"OTN Foundation is not affiliated with Livecoin in any shape or form. And as to IQ Option being fined for "scamming" - please, don't twist the story["
If OTN foundation not affiliated with IQoption why you defend IQoption from scam?? When im ready I tell to everyone the true about this token.....now im stuck and cannot speak....but the true it's out here.
Everyone still here for make some money......but with giant and robot you small investor can't win remember that's just buy and sell when you thinkink the price sound good like me....i selljust before they go down and get double token....now im wait until they get up again (if Get up again).......not easy know but listen this word in defense it's really funny, people here see what happen and my kids too
November 23, 2017, 09:12:22 AM
You've been telling everyone that these tokens can be sold at livecoin. I have not read anywhere even one person actually getting their money out from there.
Wouldn't you agree that the negative experiences always make way more noise than the positive ones?
People just aren't as eager to share news of a successful withdrawal
That being said, we can not speak for Livecoin and we will not defend them from any wrongdoing if one is uncovered and proven.
November 23, 2017, 09:05:39 AM
OpenTN you have just proved to everybody that you are connected with IQ so ppl think !!!!!!!
How is it that a company who distribute OTN and having for themselve 55% of all OTN (28m out of 51m) dont manipulate the market and not scamming you trying to get out as much as is possible from you.
NEXT week they will distribute only 37500 OTN to users and probably somehow again it will show up out of nowhere another 1000000
Open your eyes and let them fail
How is it that a company who distribute OTN and having for themselve 55% of all OTN (28m out of 51m) dont manipulate the market and not scamming you trying to get out as much as is possible from you.
NEXT week they will distribute only 37500 OTN to users and probably somehow again it will show up out of nowhere another 1000000
Open your eyes and let them fail
November 23, 2017, 08:57:03 AM
Be very carefull with this token !!!!!!
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
We do agree that people should watch a project/coin carefully and use their best judgement when considering any investment.
It's understandable if you're cautious. Our only advice is to wait for the OTN products to come out and speak for themselves.
In the meantime, we will not stand for being called a "ponzi scheme", it's absolutely uncalled for. These accusations are empty.
OTN Foundation is not affiliated with Livecoin in any shape or form. And as to IQ Option being fined for "scamming" - please, don't twist the story. All of those minor violations have been corrected a while ago.
You've been telling everyone that these tokens can be sold at livecoin. I have not read anywhere even one person actually getting their money out from there.
November 23, 2017, 08:44:57 AM
Be very carefull with this token !!!!!!
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
We do agree that people should watch a project/coin carefully and use their best judgement when considering any investment.
It's understandable if you're cautious. Our only advice is to wait for the OTN products to come out and speak for themselves.
In the meantime, we will not stand for being called a "ponzi scheme", it's absolutely uncalled for. These accusations are empty.
OTN Foundation is not affiliated with Livecoin in any shape or form. And as to IQ Option being fined for "scamming" - please, don't twist the story. All of those minor violations have been corrected a while ago.
November 23, 2017, 07:15:16 AM
Be very carefull with this token !!!!!!
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
In my mind IQ OPTION , LIVECOIN and OTN Foundation those are the same people behind it and they did screw you over already for a lot of money.
Try to stay away from it for now and wait what will happen after new year.
Read reviews about scammers from IQ which were fined already last year and now somehow they have created this new ponzi OTN called.
Very dangerous and if you want to lose all your investments be prepared for it because this token will hit the bottom very soon.
November 23, 2017, 06:19:13 AM
Circulating Supply
2,577,480 OTN
Iqoption i see 1,312,540
token distribution from Iq it's 1,312,540 OTN in marketcap see 2,577,480 OTN this 1,264,940 come from??? OTN foundation?
Supposing the price go down because last day put in market over 1 million token from where??? then sell and price go down,that's true?
more token price get down......now my answer this 1,264,940 token coming from where?
just for know about transparency because I not see any news about new token entry from where
2,577,480 OTN
Iqoption i see 1,312,540
token distribution from Iq it's 1,312,540 OTN in marketcap see 2,577,480 OTN this 1,264,940 come from??? OTN foundation?
Supposing the price go down because last day put in market over 1 million token from where??? then sell and price go down,that's true?
more token price get down......now my answer this 1,264,940 token coming from where?
just for know about transparency because I not see any news about new token entry from where
That is a good question.
CoinMarketCap is an independent company having their own vision on how to define the circulation supply of any token. In OTN’s case their formula does not do justice and below we clarify it. According to the Whitepaper and the section discussing token distribution we highlight the following:
- 28,000,000 OTN tokens were given to IQ Option’s team and shareholders. These tokens are NOT blocked and at any time can be on the exchanges and market.
- Additional 51,000,000 OTN tokens are available only for planned purposes – 30 mil. tokens are owned by The Open Trading Network Foundation, 16 mil. tokens will be distributed every quarter (2 years period) as a bonus to token holders, 5 mil. tokens are reserved to OTN.Wallet users to motivate them.[/size]
https://i.imgur.com/xbUeFnE.png
Therefore, we believe the correct number of the circulation supply amounts to 51,000,000 OTN tokens in total.
Capitalization should be calculated as follows CAP = (TOTAL SUPPLY – 51,000,000) * Token Price
At the moment CAP = (81,038,759 – 51,000,000) * $20.2 = $606,782,932
We believe that this circulation supply calculation provides a more accurate representation to traders and investors concerned about the total number of circulating tokens and risks associated with it.
The problem I have with this is the 28 000 0000 token allocated to the IQ-Option team and Shareholders is the following:
Someone added 1 200 000 token into the market during the course of this week. I am not saying that it was the team and shareholders of IQ-Option, but let suppose for the sake of my below statement that it was them.
That would mean that they would get $43 million to share between them based on the dolor market price of OTN on the 19th November. This would be a reason why the price had dropped so dramatically since the 19th of November (because 1 200 000 tokens was added to the market).
We the poor community trying to support the token and get the market value up with pure trading will never succeed, because if the above statement of mine is true then it also means that as soon as we get the market value up by only few dollars then the IQ-Options team and shareholders can dump tokens again into the market, (for example another 1 million tokens, they will be able to do this 28 times, because they own 28 million tokens) and again they will take about roughly about $43 million profit to share between them (and again the price of token will drop).
I have lost about 80% of my OTN investment value since the 19th November till today. We as the community trying to support this token are fighting a losing battle. If I had known about this 28 million tokens allocated to IQ-Options then I would never have invested in this, but I can not blame anyone because I should have done more thorough investigation before investing. This token is only going one way in the future, and that is down.
According to the above statement do you advice investing in this now or later or not at all ??
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